Tuesday, Ashland Inc. (ASH) said its first-quarter net income was $86 million or $1.10 per share compared with a loss of $119 million or $1.73 per share in the prior year period. Income from continuing operations for the quarter was $76 million or $0.97 per share versus a loss of $119 million or $1.73 per share in the year-ago period. On average, 9 analysts polled by Thomson Reuters expected the company to report earnings of $0.71 per share for the quarter.
Sales for the quarter increased to $2.02 billion from $1.96 billion in the comparable period. Six analysts estimated revenues of $2.00 billion for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.